Money For The Rest Of Us

#164 How to use the asymmetric payoff of options, trial and error, and commitments to better yourself financially and in other areas of your life.

A conversation with Roger Whitney about retirement investing, asset allocation, active versus passive management, luck versus skill, behavioral finance the difference between investing, speculating and gambling.

#163 How an indexing bubble is manifest, why most active managers underperform and how individuals can structure their own quasi index fund that outperforms the market.

#162 What causes inflation and why do central banks allow it to persist instead of having a 0% inflation target.

#161 How retirement planning and retirement spending calculators work and what are some of their flaws. Why figuring out how much money you will have when you retire and how long it will last is a lot like the work hydrologists do to figure out whether Phoenix or Los Angeles will run out of water.

#160 How cost, complexity and an unachievable standard keeps us from consuming ethically while the stories we tell ourselves make us feel good about our purchases anyway.

In this interview with Michael Port, we discuss asset allocation, business, healthcare, minimalist investing, roboadvisors, our emotional relationship with money, and selecting a financial advisor.

#159 What is volatility, what determines it and how to invest in it. But should you?

#158 How reserves, slack and simple rules of thumb help us deal with radical uncertainty. Why the next financial crisis is unlikely to be like the last one. This episode of Money For the Rest of Us is sponsored by Health IQ, an insurance company that helps health conscious people get special life insurance rates. Go to healthiq.com/david to support the show and learn more.

#157 Why the likelihood of a future fiscal crisis sparked by the national debt depends on whether there is a limited or an unlimited supply of money. Is it possible the federal government's endless borrowing could crowd out the private sector and harm the economy?

#156 How to gain a personal competitive advantage in an evolving job and business environment. This episode of Money For the Rest of Us is sponsored by Health IQ, an insurance company that helps health conscious people get special life insurance rates. Go to healthiq.com/david to support the show and learn more.

#155 How panic caused the great financial crisis and what to look for to see if it is happening again.

#154 How a transitioning economy, government regulation and tax policy have contributed to stagnating wages, rising housing costs, and homelessness.

#153 Why Social Security will not collapse and the four actions government can take to make sure it won’t.

#152 How simple rules, just-in-time learning and checking your understanding can help you make better financial decisions.

#151 How even index fund investors have a big stake in the Amazon revolution.

#150 How to navigate matching markets where price alone doesn’t determine the outcome.

#149 How to estimate how long your assets will last in retirement and the steps you can take to take make them last longer.

#148 Why some financial advisors must show undivided loyalty to you while others can have undisclosed conflicts of interest. How to tell the difference.

#147 How to invest in infrastructure assets and why there is a perpetual infrastructure "crisis".